TotalEnergies Pauses Business With Adani, Says It Was Not Aware of US Investigation
PARIS (Reuters) - French oil major TotalEnergies SE was not informed of a U.S. investigation into possible bribery and corruption at Adani Green Energy Limited, it said on Monday, adding it will stop financial contributions to its Adani Group investments following last week's indictment.
Adani Bribery Fallout: Cancellations and Dropped Investments
Internationally, the crisis has led to significant setbacks for Adani’s global operations. Kenyan President William Ruto recently canceled a procurement process that was set to award control of Kenya’s main airport to Adani, while a committee in Bangladesh has called for a thorough legal review of Adani’s power generation contracts in the country.
Major fallout for India's Adani Group after U.S. bribery indictment
Some nations and investors have either scrapped deals or halted investments in the Adani Group, after the United States indicted its billionaire chairman Gautam Adani for alleged bribery and fraud to win contracts for a group company,
Moody's cuts outlook on Adani firms to -ve
India's Andhra Pradesh Mulls Next Steps on Adani
In another blow to the conglomerate, French energy giant TotalEnergies, on Monday suspended new investments linked to Adani ...
Adani Group's troubles deepened on Tuesday as two more credit rating agencies cut their outlook for the Indian conglomerate, ...
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Adani Group faces human rights complaint in Australian coal unitThe complaint alleges Adani staff blocked Aboriginal group access to springs near Queensland's Carmichael coal mine.
News that Indian billionaire Gautam Adani’s empire faces U.S. fraud charges could not be timed worse for Indian Prime ...
According to an indictment unsealed on Wednesday, the 62-year-old billionaire and head of the Adani Group conglomerate is charged with securities fraud and conspiring to commit securities and wire ...
A possible hit to Adani Group's access to funding after major rating agencies cast doubt on the outlook for the Indian ...
Shares of Adani Group declined on Tuesday, with Adani Green Energy tumbling over 7 per cent to Rs 899.40 on the BSE. Adani ...
The sudden drop in valuation has also pulled down the conglomerate’s rank in market capitalisation by two notches to six.
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